Beehive CU
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Beehive CU · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561730 | Landscaping Services | 6 | $195K | $33K | 4.9% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 5 | $155K | $31K | 4.1% |
| 236118 | Residential Remodelers | 4 | $165K | $41K | 3.3% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologists | 3 | $140K | $47K | 2.5% |
| 541611 | Administrative Management and General Management Consulting Services | 3 | $150K | $50K | 2.5% |
| 812910 | Pet Care (except Veterinary) Services | 3 | $73K | $24K | 2.5% |
| 238210 | Electrical Contractors and Other Wiring Installation Contractors | 3 | $100K | $33K | 2.5% |
| 812990 | All Other Personal Services | 3 | $90K | $30K | 2.5% |
| 238350 | Finish Carpentry Contractors | 3 | $78K | $26K | 2.5% |
| 238910 | Site Preparation Contractors | 3 | $120K | $40K | 2.5% |
Geographic Distribution
SBA lending activity for Beehive CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Utah (UT) | 118 | $3.9M | 96.7% |
| Nevada (NV) | 2 | $35K | 1.6% |
| Oregon (OR) | 1 | $35K | 0.8% |
| Colorado (CO) | 1 | $25K | 0.8% |
Why Choose Beehive CU?
Based on SBA 7(a) lending track record from 2006-2010
- ✓Proven Track Record: 122 SBA loans approved, totaling $4.0M in financing
- ✓Industry Expertise: Specialized focus on Landscaping Services, Plumbing, Heating, and Air-Conditioning Contractors, Residential Remodelers
- ✓Competitive Terms: Average interest rate of 6.32% with flexible term lengths averaging 71 months
- ✓Loan Range: Loan sizes from $7K to $80K, with an average of $33K
- ✓Nationwide Reach: Active lending in 4 states, with strong presence in UT, NV, OR
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Beehive CU SBA lending
What types of businesses does Beehive CU typically finance?
Beehive CU specializes in SBA 7(a) lending to specific industries including landscaping services, plumbing, heating, and air-conditioning contractors, residential remodelers, offices of physical, occupational and speech therapists, and audiologists. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Beehive CU's typical SBA loan terms?
Beehive CU's SBA 7(a) loans typically feature an average interest rate of 6.32% and average term length of 71 months (approximately 6 years). Loan sizes range from $7K to $80K, with an average loan size of $33K.
Do I need a business valuation for a Beehive CU SBA loan?
Yes, Beehive CU typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Beehive CU compare to other SBA lenders?
Beehive CU has originated 122 SBA loans totaling $4.0M since 2006. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Beehive CU lend in?
Beehive CU provides SBA 7(a) financing with particularly strong presence in UT, NV, OR, CO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.